Job Annoucement Tracker (1K above)

NoMoreOptions · Oct 29, 2003

minus 200 1K-units, not a good start for this tracker.

Sony Plans Up To 20,000 Job Cuts

http://www.cbsnews.com/stories/2003/10/07/world/main576891.shtml

Ebo · Oct 29, 2003

Very timely!
Explain how a quote from October 20 on job cuts will help my trading today on the 29th?

ChaosNSX · Oct 29, 2003

Ebos Sporting wood!!!

NoMoreOptions · Oct 29, 2003

Ebo, don't forget this is economy. We are in the cloth of economist. Economy news has either leading or lagging effects on the markets. Which comes first, only "they" know.

Quote from Ebo:

Very timely!
Explain how a quote from October 20 on job cuts will help my trading today on the 29th?

NoMoreOptions · Nov 2, 2003

Subtotal:-6 units
Total to date: -26 units
------------------
-2 units
Duke to Cut 2,000 Jobs As Earning Plunge

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20031030/ap_on_bi_ge/earns_duke_6

-2.5 units
EDS Has Small Loss, Cuts 2,500 More Jobs
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031030/bs_nm/tech_eds_earns_dc_3

-1.5 units
Alitalia to Cut 1,500 Jobs
http://story.news.yahoo.com/news?tmpl=story&u=/ap/20031030/ap_on_bi_ge/alitalia_job_cuts_1

NoMoreOptions · Nov 4, 2003

Subtotal: -7.2 units
Total -33.2 units

Tyco to Cut 7,200 Jobs, Exit Businesses
http://biz.yahoo.com/rb/031104/manufacturing_tyco_earns_15.html

U.S. Job Cuts More Than Doubled in October- Report
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031104/ts_nm/economy_layoffs_challenger_dc_7

Layoffs more than double in October
http://cbs.marketwatch.com/news/story.asp?guid={587E1DC6-895E-472F-8F42-C3B1BB851495}&siteid=mktw

Job Cuts Surge 125 Percent in October
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031104/us_nm/economy_layoffs_challenger_dc_1

Sad but true.

NoMoreOptions · Nov 10, 2003

Subtotal: -1 units
Total -34 (round) units

CSX Railroad to Cut Up to 1,000 Jobs

Only one unit here and a few more fractions. Who cares. We just count big blocks. So, a summary is that things are really looking up!

NoMoreOptions · Dec 9, 2003

Subtotal: -6 units
Total -40 (round) units

Texas-Based SBC To Cut 4,000 Jobs

Washington Mutual Cuts Outlook, Cuts Jobs: another 2000

Chevron to Sell Some U.S. Assets, Cut Jobs: cut 150 to 200 U.S.-based jobs --skip

Tech Study Firm Gartner to Cut 200 Jobs
--skip

3M Co. Will Cut Another 125 Jobs -- skip

Mitsubishi to Cut Up to 425 Illinois Jobs
-- skip

GE Medical Systems Cuts Colo. Work Force : cut 140 manufacturing jobs -- skip

So, it starts to look cloudy again. Hope it is just an event of one day or two.

AMT4SWA · Dec 10, 2003

is the stats for every other company in the U.S. that just hired someone...every large corporation and every little Ma and Pa operation. Also, how many people just started a business during this period? We need all the stats to make a true conclusion in which to trade from. My T&S window has the "Bid" and the "Ask" not just one side of the story...we need both sides to make decisions from.

Chris

NoMoreOptions · Jan 22, 2004

Okay, here are the numbers after being avoided in a joyful holiday season.

Subtotal: -340 (round-off) units (1000 head)
Total: -380 units

Eastman Kodak to Cut Up to 15,000 Jobs

J.C. Penney to Cut 475 Jobs,

Federal Fisheries Department planning to cut 600 jobs

PalmOne to Cut 100 Jobs

White Rose to shut nine garden stores, cut 75 full-time jobs, 200 part-time

France Telecom to Cut 14,500 Jobs

WorldCom Plans New Job Cuts: 1,700 employees

Weirton Job Cuts Could Hit 800

Les Boutiques San Francisco to cut close to 600 jobs and sell 54 stores

Boots Pharmacy Chain to Cut 900 Jobs

French insurer AXA to cut up to 700 jobs in Britain

Alcan Inc. to close Quebec smelter this spring; 550 jobs to go

Schering-Plough Cutting Jobs in Ireland: 3000